Without this action we would reach the debt limit today.

It will help investors seeking to better match assets and liabilities and will benefit the Treasury by modestly reducing our short-term funding volatility, broadening our customer base, lowering operational risk and reducing supply uncertainty.

I don't know if there's anything we've been more responsive on at all levels of the department and across all agencies that are members of the committee.

The hotel in Mexico City is a U.S. subsidiary, and therefore prohibited from providing a service to Cuba or Cuban nationals. In this instance, we are simply following our usual procedures, applying the law.

It's part of an ongoing look at where our resources are going and how they can best be used.

We're pleased with the auction.

It's a temporary tool and as soon as Congress raises the limit, all interest will be restored and there will be no adverse consequences for G-fund investors.

Everyone is required to abide by the 35 percent rule -- we only accept up to 35 percent of the auction size in bids from any one entity.